Capitalisation of ac installation charges
This query is : Resolved
amit kumar
(Querist)
22 January 2018
Dear all
kindly suggest me that installation charges for AC will be capitalize or not if AC bill is separate.
only installation charge can be capitalize or not.
kindly suggest me that installation charges for AC will be capitalize or not if AC bill is separate.
only installation charge can be capitalize or not.
CA Suresh Jain
(Expert)
22 January 2018
As per accounting standard the installation charges should be capitalised
Renu Goyal
(Expert)
22 January 2018
yes it will be capitalised.
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